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Cladding manufacturer Fairview Architectural may have $190 million in insurance to cover the claims in a class action over its allegedly combustible cladding products.
The state of Victoria has opted out of two class actions over allegedly combustible cladding, after agreeing to join as a group member last year.
Homeowners in a Western Sydney suburb have filed a NSW Supreme Court class action against the local council, a developer and geotechnical engineers seeking compensation over homes they claim are sinking into the ground.
Ernst & Young has resigned from its role as Omni Bridgeway's long-time auditor after determining a class action against it that's being backed by the litigation funder could threaten its independence.
As the no win, no fee model comes out on top in another high profile class action beauty contest, legal experts say third-party litigation funders will need to evolve and "fight back" to stay competitive.
The law firm behind a long-running class action over the 2011 floods in Queensland which reached a $440 million partial settlement last month has estimated that its legal bill to date totals around $60 million.
The State of Queensland and subcontractor Sunwater have agreed to pay $440 million to settle part of a class action over the 2011 floods in Queensland that destroyed 2,000 homes in the state.
The federal government may be hit with a class action over biosecurity breaches that allegedly led to the 2016 outbreak of white spot disease in South-East Queensland that decimated the region's commercial prawn industry.
Shareholders of collapsed vocational training company Vocation are poised to get about half of a $50 million settlement reached last month in a complex, long-running class action alleging the company failed to make adequate disclosures about its contracts with the Victorian Department of Education.
The law firm behind a class action against German manufacturer 3A Composites over allegedly combustible cladding is seeking to add a new representative group member to cover the claims of owners of property with Alucobond panels.